MTDR Q2 2024 Earnings — Matador Resources Company Revenue & Financial Results | Market Cap Arena

MTDRMatador Resources Company

$7B

Q2 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$855M+31.6% YoY

Gross Profit

$401M46.9% margin

Operating Income

$364M42.5% margin

Net Income

$229M26.8% margin

EPS (Diluted)

$1.83

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

$593M

Free Cash Flow

$111M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$8.5B

Total Liabilities

$3.7B

Stockholders' Equity

$4.6B

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$855M	$650M	+31.6%
Gross Profit	$401M	$292M	+37.5%
Operating Income	$364M	$252M	+44.1%
Net Income	$229M	$165M	+38.9%

Revenue Segments

Oil Revenues

$706M83%

Natural Gas Revenues

$71M8%

Natural Gas, Sales

$46M5%

Natural Gas, Midstream

$33M4%